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£288,191.29

Client Benefit

Research and Experimental Development on Natural Sciences and Engineering (2591)

Areas of R&D:

Development of a new polymer based product range. This represents an attempt to create a process and product which increases overall knowledge and capability within the garment industry/textile industry.

R&D Costs

Raw Expenditure (Identified Project Costs) – £981,085.10

Type of Benefit – Tax credit

Client Benefit – £288,191.29

Effective Rate of Benefit (%) – 29.94

£101,715.95

Client Benefit

Professional, Scientific and Technical Activity (0591)

Areas of R&D:

Business process management software that provides functionality, tailored specifically to the particular stress points and critical pathways, within the organisation.

R&D Costs

Raw Expenditure (Identified Project Costs) – £406,863.83

Type of Benefit – Repayment

Client Benefit – £101,715.95

Effective Rate of Benefit (%) – 25.00

Blue Letter Limited

Introduction

Blue Letter Ltd. are a ‘master’ loan broking company who run a UK based support centre for their clients and prospective clients. They maintain their market position by appreciably improving current processes, attempting new processes, and developing innovative new solutions, within their trade activity.

Areas of R&D:

Development of a new operating system

Creation of a new search engine using materially new search methods

Resolving hardware or software issues

Creation of new or more efficient algorithms

Improvement of security techniques

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